CIBC Innovation Banking funds £5m to FinTech firm Landytech for growth

CIBC Innovation Banking funds £5m to FinTech firm Landytech for growth

Landytech, a next-generation investment management platform, has secured £5m in corporate debt financing from CIBC Innovation Banking.

The funding will support the company’s strategic expansion across European markets and enhance its Sesame platform.

Founded in London, Landytech provides asset owners, managers, and advisors with a centralised and comprehensive source of truth on investment data. The platform consolidates asset data from all asset classes, unlocking advanced analytics and reporting capabilities across entire portfolios.

Since its inception in 2019, Landytech has raised $20m to date. With over 100 employees, the company services over 70 clients and handles more than 400 custodian connections. This new funding will enable Landytech to expand Sesame’s capabilities and extend its market presence across Europe.

Landytech CEO Benjamin Mouté said, “This corporate financing from CIBC Innovation Banking not only supports our ambitious growth strategy but also reflects the robustness of our business model and the trust that established financial institutions have in our vision. It’s a significant milestone that underscores our commitment to leading innovation in data-driven investment management solutions.”

Tom Dods, director of CIBC Innovation Europe, said, “As one of Europe’s leading growth lenders, we are pleased to support Landytech as it continues on its journey and enhances its product offering. Family offices around the world are underserved, and Landytech’s tailored reporting solution adds true value to its customers, based on a genuine understanding of their needs. Our funding will enable the business to continue its trajectory towards becoming the category leader in the space.”

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